Question: I need helping solving requirements 1. and 2. 1. Prepare Bolton's statement of cash flows for the year ended December 31, 2021, using the indirect



Year Ended December 31, 2021 Revenues: Service revenue Dividend revenue Expenses: Cost of goods sold Salary expense Depreciation expense Advertising expense Interest expense Income tax expense Net income $234,000 9,000$243,000 102,000 56,000 34,900 2.900 2.500 15.000 \begin{tabular}{r} 212,400 \\ $30,600 \\ \hline \hline \end{tabular} a. Acquisition of plant assets was $172,000. Of this amount, $140,000 was paid in cash and $32,000 was financed by signing note payable. b. Proceeds from the sale of land totaled $27,000. c. Proceeds from the issuance of common stock totaled $29,000. d. Payment of a long-term note payable was $14,000. e. Payment of dividends was $13,000. f. From the balance sheets: nanomhar 31 f. From the balance sheets: Year Ended December 31, 2021 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities
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